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CSPAN
Dec 28, 2012 12:00pm EST
am happy to be here today to talk about the taxes in the fiscal cliff and how it might affect my business. i am mostly optimistic about the economy and the future i have some concerns on what is going on in the congress and the potential fiscal cliff that we are facing and the elimination of the tax cuts that are among us. like me a lot of the small business owners that i talked with no four are in favor of keeping the tax cuts in place especially for the middle class who believe in a balanced approach and we think okay to allow the elimination to tax cuts for the wealthy. for the small business taxes increase i can see the taxes in the business are affected that we will have less to pay for investments and invest in the new equipment to hire new people. but my income tax rates will go up. it's already constrained environment and i'm having a difficult time. customers tax rates are going to go up and that will create less demand for the product and less revenue for me and that creates less tax revenue for the government. so i would urge congress to vote for keeping the tax cuts in place especially for the middle class approaching the
CSPAN
Dec 26, 2012 12:00pm EST
possible ways to avoid the fiscal cliff. large employers are very actively encouraging those negotiations to succeed. very important from the health of the overall economy that does succeed or it could come up as part of entitlement reform in which gail thinks may not occur until 2016 or beyond and it could come sooner or possibly even as part of a broader negotiation over tax reform. so you really have to look not a think just of the possibility of a change in medicare eligibility age for the broader context in which that change could come about. >> thank you very much, paul. to get to the point where we can hear your comments, here your questions. there are question card you can fill out and someone will bring it forward. there are microphones on either side of the round that you can line up behind to ask your question. i know tricia has been scribbling questions right and left as we were going through the presentations. do you want to start us off? >> sure. one of the ideas that gail mentioned that has been put on the table is by zeke emanuel that would apply lifetimes earning test to wealthier people would have a delayed eligibility age. i guess my quest
Search Results 0 to 1 of about 2